Bullish session prepares challenge of $60.14 level, currently 31 cents above current price of $60.45
Upper Bollinger Band® currently at $78.93

$343.81 marks the crossover point where S&P Global price action falls below its 50 day Simple Moving Average. On the other hand, note that a persuasive break of this target could lead to higher losses. S&P Global's lower Bollinger Band® is at $337.08, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for S&P Global.

Despite posting gains so far today, Visa Inc. slid below its 21 day Simple Moving Average at $228.77 in earlier trade — an early indicator that a negative trend could be emerging. It will be interesting to follow how Visa Inc.'s run now faces a challenge at $233.27, which is only $3 away.

Visa Inc. is likely to reverse course and start pointing downward in the short term.

A study of Prosperity Bancshares's historical price actions shows Prosperity's run now faces a challenge at $60.14, which is only 31 cents away and will be interesting to follow. Trend and momentum analysis indicates that around $60.1, Prosperity can look to establish a new bullish phase beyond its 3 day Simple Moving Average. According to asset volatility analysis, Prosperity's upper Bollinger Band® is at $62.25.

For the time being, Prosperity Bancshares remains flat without a clear direction.

Fundamental indicators – Crude Oil Inventories in United States fell short of market expectations (-1.49 million) with a reading of -5 million, continuing the decline from the previous figure of -4.58 million.

Upcoming fundamentals: as things stand, upcoming United States Pending Home Sales data is projected to fall short of market expectations with newly published data of 0.5%, following on from the preceding figure of 0.8%. New data is set to be published tomorrow at 14:00 UTC.